user
Task: Write a classification statement which best describes the following paragraph

The gig economy is an economic system in which temporary positions are common and organizations contract with independent workers for short-term engagements. This type of economy is also referred to as the sharing or collaborative economy. In the gig economy, companies do not have to commit to long-term contracts or commitments and can quickly hire and fire individuals to meet their needs.

Answer:
assistant
The gig economy is an economic system which involves the hiring of independent workers for short-term engagements and deploys temporary positions in place of long term commitments.